Kenya’s standards body appoints Bernard Njiraini as managing director

KENYA – The Kenya Bureau of Standards (KEBS), the government agency responsible for governing and maintaining the standards and metreology has appointed Bernard Njiraini as its Managing Director for a three-year term. Bernard Njiraini was […]

Cargill plans US$120.5m investment in expanding Côte d’Ivoire’s cocoa grinding plant

CÔTE D’IVOIRE – Multinational agribusiness company, Cargill has unveiled plans of investing US$120.5million in expanding its cocoa grinding plant in Micao, Côte d’Ivoire, reports Ecofin. The investment will see the company increase the facility’s annual […]

Capwell Industries expands into beverages market with US$2.5m investment

KENYA – Capwell Industries, one of Kenya’s leading milled cereal products manufacturer, has launched a new is cereal milk drink as part of the firm’s strategic direction to venture into beverages and expand its product […]

Nestlé launches new KitKat and Yorkie bars with reduced sugar in UK

UK – Nestlé will be introducing new KitKat and Yorkie chocolate bars in the UK and Ireland as it continues to expand its less sugar confectionery ranges. The confectionery giant said that both bars contain […]

Burton’s Biscuit Company acquires Paterson Arran in Scotland

UK – Burto’s Biscuit Company has acquired Scottish short bread an oatcake supplier Petarson Arran, to boost its presence in the food service market. Paterson Arran produces shortbread, oatcakes, biscuits and cookies as well as […]

University of Idaho to develop largest dairy research facility in the US

USA –  The University of Idaho in Idoha, Northwestern U.S., will be raising US$45 million in developing the largest and most advanced research center in the US, targeting the dairy and allied industries. According to […]

Valeo Foods acquires Campbell’s European crisp business for US$80m

EUROPE –  Irish food group, Valeo Foods has entered into an agreement with Campbell Soup Company to acquire its European crisp business for approximately €73 million (US$80 million) Under the agreement, Valeo will acquire Campbell’s […]

Yili posts strong half-year results as its global expansion gains momentum

CHINA – Yili Group, a state-owned Chinese dairy company, posted net profit of RMB 3.8bn (US$505 million) during its first half of 2019, supported by continuous expansion in Southeast Asia. Yili’s global operating revenue grew […]

Spanish brewer Mahou Group acquires majority stake in Founders Brewing

USA – Spanish brewery Mahou-San Miguel Group has increased its stake in Michigan-based craft beer maker Founders Brewing to 90%. Mahoau already controlled a 30% stake in the fast-growing craft brewery following transaction in 2014 […]